Joe W Hanley
cash out refi on single family rental property
hello I'm new to this site. Does anybody have experience with accessing equity from rental property? I'm looking for cash out refi on 2 single family long term rentals in Aurora, CO. These properties are free and clea...
Luis Avila
First wholesale deal analysis. Is this a good deal? Houston, TX
Hello BP! My name is Luis and I recently began my venture into wholesaling here in Texas.After doing all my due diligence about wholesaling in Texas (learning the rules of disclosure, assignment and using the correct ...
Michael Gibek
$1.1 million mortgage interest deduction post new tax law
Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...
Ann Seffens
What would you do if...
I have a SFR that I bought 25 years ago and have refi'd a few times, pulled money out over the years, so my basis is low but my mortgage isn't as low or as paid off as I'd like. That said, I do have a good interest r...
Michael Medeiros
Rhode Island- Move in $
I'm renting my first property in RI, my previous experience has been in MA. I typically charge 1st, last and security for a new tenant.
I was told that was not allowed in RI- anyone have experience with this...
Greg Rutkowski
What is Considered Being "Over-Leveraged" in Real Estate Terms?
What is Considered Being "Over-Leveraged" in Real Estate Terms?With all of the different financing options out there, I was curious as to what would be consider being over-leveraged for a Flip-to-Hold strategy? I know...
Nick Santamaria
First Property: Seeking Advice
Hey everyone! My motivation to start out buying and renting out properties is growing day by day but I am looking for any guidance and advice on how to move forward with a few properties that I predict with not only ...
Scott Bowles
Digging out and finishing a basement
Good morning all!I am interested in doing a basement dig out and finish and I want to do the work myself. I would like to touch base with an engineer type for some quick guidance and approval (obviously at a cost). An...
CK Hwang
Is there any way, if possible to account for ARV of ugly house?
Hey everyone, I'm currently looking at a house off the MLS. It needs a ton of work, but this is not the ugly I'm talking about. Instead, this house is ugly in the sense that the architecture is from the 1970's, square...
Justin Braithwaite
Deceased owner with reverse mortgage
Quick question that I am hoping someone can help with...I got a call call today in response to a yellow letter I sent. It was the son of the deceased homeowner. The son said that the father took out a reverse mortgag...